The boards of Aditya Birla Capital and Aditya Birla Health Insurance have approved a proposal of capital infusion to the tune of Rs 665 crore in the later from a subsidiary of Abu Dhabi Investment Authority...

Jet Airways reported net loss of Rs 390 crore for Q1FY23 as compared to Rs 129 crore in the year ago period. The full service carrier's revenue from operations declined 83% to Rs 12.53 crore for...

The Department of Telecom has extended the due date to August 17 for entities to make the payment for the spectrum acquired by them in the recently-concluded auctions. The due date has been extended by a day...

The Adani Group is planning to invest Rs 57,575 crore in Odisha with the state government approving its proposal to set up two projects — a 4 million metric tonnes per annum (MMTPA) Integrated alumina refinery and a...

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs 644.4 crore in the first quarter ended June 30. The company had recorded a net loss...

Following are the highlights of the RBI's fourth monetary policy review of fiscal year 2022-23 announced by Governor Shaktikanta Das: (adsbygoogle = window.adsbygoogle || ).push({}); Key short-term lending rate (repo) raised by 50 basis points (bps)...

The three-day Monetary Policy Committee (MPC) meeting is scheduled to start on August 3 with the RBI governor Shaktikanta Das and other MPC members present. On August 5, the MPC's decision on the bimonthly...

India's first-ever auction for 5G spectrum concluded today, with spectrum worth ₹1,50,173 crore being sold. Reports said billionaire Mukesh Ambani's Jio emerged as the top bidder to consolidate its leadership position. Monday marked the seventh day...

AN undisclosed shareholder of India's Zomato is seeking to raise as much as US$420 million through a block sale, according to terms of the deal seen by Bloomberg News. The holder is offering 612 million...

SpiceJet’s lessor, Alterna Aircraft Ltd, located in Ireland, has urged the Directorate General of Civil Aviation (DGCA) to de-register its aircraft. In its Monday appeal to India's aviation regulator, Alterna did not state why...

More than 20 Chinese military planes flew into Taiwan's air defence zone on Tuesday, officials in Taipei said, as US House Speaker Nancy Pelosi began her controversial visit to the self-ruled island that Beijing...

India collected Rs 1.49 lakh crore as Goods and Services  Tax (GST) in July, posting an increase of 28 percent from the same month last year, the finance ministry said on August 1. Compared to...

Tata Steel stock split: Tata Steel share price surged for the second day on Friday, jumping more than 9% to trade at Rs 109.30 apiece on the NSE. Tata Steel is also among the...

The deadline for the submission of Resolution Plan for Reliance Capital (RCAP) is likely to be extended yet again as bidders seek more time to complete the due diligence process. According to sources, few bidders,...

 HDFC Bank Ltd is likely to raise at least ₹2.2 trillion from public deposits and corporate bonds, and an additional ₹50,000 crore from similar papers to meet capital requirements and other pre-requisites stipulated by the regulator...